2NE1 officially disbands as Nam Tae Hyun leaves Winner

The K-pop girl group is parting ways after seven years together

YG Entertainment sent K-pop fans into a frenzy when they announced that 2NE1 is officially disbanding. The group, which consists of members CL, Sandara Park, Minzy and Park Bom, is splitting up after seven years. Soompi reports that CL and Sandara have solo contracts signed with YG.

"2NE1's exclusive contract expired in May 2016, and with Minzy leaving 2NE1, we have come to the decision to officially disband after extensive discussion with the remaining members," read the statement. "As 2NE1 was YG's official girl group for seven years, we cannot begin to express how we feel, but we determined that it was too difficult to continue. Rather than waiting an unknown amount of time for 2NE1's next promotions, we have decided to focus on the members' solo activities."

"We sincerely thank all the fans both in Korea and abroad that have loved the group and their music for all this time. We would like to officially announce that after last May, we resigned with CL and Sandara Park. However, unfortunately, there is no new contract with Park Bom," YG said.

More bad news: Nam Tae Hyun has also dropped out of boy band WINNER, as revealed earlier today.

"After lengthy discussions with Nam Tae Hyun it was judged that it would be difficult for him to continue activities through WINNER," YG said in another statement. "His exclusive contract got cancelled on November 18. Although Nam Tae Hyun cannot be with WINNER now, we hope that they will be colleagues who support each other's future individual music activities. WINNER will not gain a new member and will remain as a 4-member group. We ask for a lot of support four members of WINNER who will make a new start and for Nam Tae Hyun."